21922 Austin Rd Austin, CO 81410-8371
- Warehouses
- 24,363 SF
- 0.47 lot acres
Current Use by Public Records
- Warehouses
Property Details for 21922 Austin Rd
- Year built
- 1943
- Construction
- FRAME
- Lot size
- 0.47 lot acres
- Property size
- 24,363 SF
- Property type
- Warehouses
- APN
- 345501100018
- APU
- 345501100018
Description
This Austin, CO industrial property offers 5,350 square feet of immediately available warehouse space within a larger 23,432 square foot building. Originally constructed in 1943 as cold storage, the building is undergoing renovations and improvements. The available space comprises three large, open sections at the west end, featuring a dock-high door (8 feet), a ground-level roll-up door (8 feet), and a pedestrian entrance. The property boasts 3-phase power (800 amp, 208 voltage), with the potential for a step-up transformer. Additional air conditioning units can be installed as needed. Tenants will pay electricity on a pro-rata basis. A shared restroom is available in a separate section of the building. Ample additional parking is situated across Austin Road. The owner is actively preparing additional space, including potential office space, for lease, with timelines adaptable to tenant requirements. The 4.7-acre site offers significant potential for expansion. Lease terms are flexible, with a minimum one-year lease considered, and pricing is based on a three-year lease. Inquire for specific lease rates for shorter-term options. This property is ideally located in the heart of Delta County, known for its abundance of organic farms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $220,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $200,000
- Mixed-Use
- $250,000
- Hospitality
- $255,000
- Educational
- $245,000
- Residential Income
- $185,000
- Energy
- $255,000
- Income-Based Land
- $210,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Delta
- State
- Colorado
- Longitude
- -107.953
- Latitude
- 38.7824